by irdadmin | Mar 15, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
Gold recently hit all-time highs in all of the major currencies (euro, yen, British pound, yuan). Last Friday (March 1, 2024), priced in dollars gold achieved its highest weekly close and then proceeded to hit new all-time highs. Wednesday (March 6th) gold hit a new...
by irdadmin | Feb 27, 2024 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The following commentary is the opening salvo to my latest bear newsletter. In the last issue I updated my work on $NVDA and $TSLA plus two homebuilder stocks and I reviewed $CVNA’s earnings. You learn more about it here: Short Seller’s Journal The...
by irdadmin | Feb 20, 2024 | Financial Markets, Market Manipulation, U.S. Economy
Calpers – the California Public Employee Retirement System pension fund has borrowed 8% of its assets in order to load up on risky stocks. From the Financial Times: “Calpers, the largest pension plan in the US with $452bn in assets, had total fund leverage...
by irdadmin | Feb 13, 2024 | Financial Markets, Gold, Precious Metals, U.S. Economy
Tom Bodrovics invited me on his Palisades Gold Radio podcast to discuss a wide range of tops, most notably the Tucker Carlson interview of Putin, the reflated stock bubble, the existential build-up of debt in the U.S. and mining stocks. Share...
by irdadmin | Feb 5, 2024 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
I didn’t watch Jay Powell on “60 Minutes” because I knew it would mainstream media sugar-coated drivel wrapped around propaganda as the obsequious 60 Minutes anchor tossed J-Pow meatball questions. But I did learn that Powell asserted that it is...
by irdadmin | Feb 2, 2024 | Financial Markets, Gold, Market Manipulation, Precious Metals, U.S. Economy
“The Fed knows it can’t risk cuting rates right now [despite obvious signs of a very weak economy] or he risks the dollar falling off a cliff.” The FOMC meeting and Policy Statement release is a big event in the financial markets. Every word in that...
